The resolution proposes an amendment to the Texas Constitution that would require a supermajority vote—specifically, at least three-fifths of voters—to authorize political subdivisions to issue general obligation bonds or other debt obligations that are payable from ad valorem taxes. This amendment aims to enhance fiscal responsibility and ensure that significant financial decisions are made with broad public support.

If approved, the amendment would take effect on January 1, 2026, and would apply only to bond issuances authorized by voters in elections held on or after that date. The resolution also includes a temporary provision that will expire on January 1, 2027. The proposed amendment is set to be presented to voters during the election on November 4, 2025, allowing the public to decide on this significant change to the state's financial governance.